(Not The Bee) In the “best economy ever,” where Bidenomics reigns supreme, you can only expect news like this.
June marked a historic surge in US #corporate bankruptcy filings, with the highest number recorded in a single month since at least the start of 2020 and surpassing half-year figures seen in over a decade. Read more: https://t.co/QOdOlswTeI pic.twitter.com/xgrFGCn8wB
— S&P Global (@SPGlobal) July 9, 2024
So we’re looking at the worst half-year figures in 13 years, and a month (June) which has been worse than any month of 2020 was — you know, that year when we had to shut down the entire economy for Covid.
Not only that, but we’re on pace to out-bankrupt 2023, a year where 635 corporate bankruptcies took place, just three fewer than occurred in 2020 (638).
Best economy ever, right!!
Here’s a look at those numbers:
